2012-09-25
2012-10-03
x romney

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you make about his appearance? >> he is trying to restart a conversation about the economy that is focused on barack obama. he was supposed to be doing the same thing but got sidetracked and badly by this video. he will be ablepresident to get over this. he has to hope that is not the majority of people. the fact that a majority of people do not approve of how barack obama has handled the economy, but ultimately those people will say i am done with a guy who is currently in office. let's give the other guy a chance. the interview he has done and he is going to continue to do all of those things are an attempt to shift the conversation. good >> even republicans have said he is running and in that campaign. -- an inept campaign. he is trying to suggest he took responsibility for these comments. did you see thus splitting hairs? >> i agree with that. they blame the campaign. we did the post mortem on the hillary clinton campaign, and the conclusion was that her campaign did not serve her. ultimately it is the job of the candidate. the candidate is the one that puts a person in

the economy went down to defeat in the house of representatives. >> the legislation has failed -- >> i'm very disappointed in today's vote. >> to the democrats and republicans who oppose this plan yesterday, i say, step up to the plate. >> investors panicked, the dow dropped 777 points. the biggest single day point loss to date. >> this is what brought us to the brink of collapse. >> wow. all because annie went and got a house that he could not afford? >> $1.2 trillion in market value wiped out in one day. it's really psychological at this point. >> congress quickly reconvened and four days later on october 3rd, it passed the $700 billion troubled asset relief program. >> congress has agreed to a broad deal that authorizes the treasury secretary to start releasing money to free up the credit systems. that may have been the last time persons witnessed bipartisan compromise on something that really mattered in washington. four years later and on the eve of another election, voters are being asked, are you better off than you were then? the answer is yes because it was that bad. but how much bet

and the economy. if you can't get it right it is time to get out. >> the league is being put to the test of whether the nfl shield is truly bullet proof or will the $10 billion brand take a big hit and whether the ref's union to blame. fran tarkenton joins me to tell me what is going on. police clash with protesters and fire rubber bullets into the crowd. the protests seem to worry investors here as stocks slid late in the day the dow well 101 points. media jumped all over romney's remark. you hear very little when his opponent makes the gaff. is obama giving him a free ride? ann coulter is going to weigh in. the candidates are laying out their vision of the economy and the world. >> good evening. >> good evening, larry, foreign policy took front stage in the national campaign today as both candidates were in new york today making their arguments around the world starting with president obama addressing the general assembly today. >> there are no words that excuse the killing of innocence. there is no video that justifies an attack on an embassy. there is no slander that provides an excu

. finish what he started. >> definitely the economy. single parent. so i am very concerned about the job growth. >> i want to vote for somebody i feel like i can trust. and i have confidence in. evening seems murky and tough to decide. undecided. completely undecided. >> i'm undecided. >> the debate will help. >> what do you care about? >> state is going in the wrong direction. get it going the other way. >> do you think colorado is a state that will do this? >> i think it will be close. >> bret: the first of three presidential debates will be held wednesday. just up the road from here at university of denver. for senior national correspondent john roberts is tonight. >> ahead of the debate. romney is shifting the focus under a withering critique from fellow republicans he is making the campaign less referendum on the president, more a choice between who has the best policies, to lead the nation in the future. >> i represent a different course. i make sure young people have great jobs tomorrow and bright and prosperous future. that is the difference between us. >> wednesday's debate will

mentioned. it almost sounds unbelievable. on top of the, how romney has another tax cut, costing the economy $1.70 trillion. guess what, it is $250,000 a year in additional tax cuts to the same 120 families. -- 120,000 families and anyone that makes more than $1 million. ladies and gentlemen, this has a gigantic costs. there is something called the tax policy center made up of experts. this is a bipartisan group of experts. they did an analysis like they do all of the tax proposals. they point out that if romney ryan were elected, it would increase taxes by middle-class families by $2,000 a year. we have seen this before. letting banks write their own rules. massive tax cuts for the very wealthy,we know how it ended. it ended in the catastrophe of the middle class. and the great recession of 2008. ladies and gentlemen, i am telling you today, we will not go back to that. [cheers and applause] we cannot go back to that policy. america cannot afford to go back to that policy. the present and i have a different way forward. let me tell you what our plan is. in addition,we have created over 5 mi

've been saying, will be held wednesday. it will focus on domestic,such as the economy, health care, and governing. so we've assembled a panel of distinguish americans, i would say, to talk about the state of country and where they think america is today. mark zandi is with the moody analytics. he has a new book out called, "paying the price, ending the great recession and building a new american century." michelle rhee is the head of students first, an organization that hopes to reform public education. she, of course, is the former head ofure d.c. schools. former speaker newt gingrich is rejoining us. he does not have a new book out, but his wife calista, does have a new book out, a children's book that will be coming out tomorrow. bob woodward, an associate editor of the "washington post" is the author of "the price of politics" he's written more books than this entire table combined. well, maybe not when you put newt gingrich in there. and pulitzer prize-winning author hendrick smith who has a new book called, "who stole the american dream?" all you people are here to sell books

. a compelling message as to why they should throw out barack obama because the economy in ohio is doing better than it is in other parts of the country. >> it is and the question is, who gets the credit ryan joins me now along with roland martin. roland, that was the kind of, you're not afraid to say what you think. a kick in the you know, at least they're saying they feel the way they feel. >> actually, honesty is always the best policy. it's amazing they are making sarah palin out to look like a you know, profit, if you will, when she said they should go rogue. they're going to have to get more aggressive in this campaign in order to close this gap. these debates are going to be critical, but again, these ceo frankly is giving a muddy story if you will as to why he should be the person. i love boxing, erin and they say you don't win the belt of the champion on points. you take it and mitt romney hasn't done that. he has to take it if he wants to win the presidency. >> it makes sense, but ryan, what in the world is he supposed to do? it sounds like he tried to be aggressive. after the attacks

$99.99. rethink possible. the economy needs manufacturing. mhines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's puttg more than $8 billion dollars back in the u.s. economy his year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real thin... for real. ...that make a real difference. ♪ >>. >> paul: from ohio to another important swing state. colorado where the candidates will meet next week in their first presidential debate. mitt romney has lot riding on his performance on wednesday night. what do they need to do in that debate and in the weeks ahead to shift the campaign narrative. let's ask wall street columnist dan hennington and dorothy rebenowitz and kim strausel. how far behind is mitt romney now? >> he is behind in nearly every swing state poll there is. now there is an argument campaign is making they are not nearly as far behind as the media polls but there is understanding that they have to make up some gr

and the economy even though it's terrible. it's sort of the -- >> right track, wrong track? that's interesting. tell me. just stretch that out a little bit. >> i think americans see a glimmer of hope. there is slight improvement in the economy, and i think that some people, for example, a state like ohio, battleground state, thanks in my view to the governor that the unemployment is down. that's true in some of the others. i understand how tough this campaign is. i do believe that media coverage has something to do with it. maybe right up to election day americans will still be making up their minds. >> let's turn to overseas. i know there are some things that concern you, but let me first ask you about libya, the deaths of those four americans, including the american ambassador to libya on september 11th. friday we got the administration sort of definitive statement this looks as though it was a preplanned attack by a terrorist group and some of whom were sympathetic to al qaeda. why do you think and are you bothered that it has taken them this long from september 11th to now to get to this c

continue rising and consumers become more confident-- two bright spots of the economy. was the bank bailout overdone? hear what a former top regulator says about the rescue. former fdic chairman sheila bair joins us. and if american airlines and its pilots strike a deal tomorrow, it could mean fewer delays for customers and the company's bankruptcy. that and more tonight on nbr! captioning sponsored by wpbt >> tom: some encouraging news tonight for the housing market and consumer confidence. first, housing-- a measurement of prices in 20 cities across the country rose four tenths of a percent in july. that's the sixth straight month of gains for the s&p case- shiller home price index. and consumer's are feeling more optimistic. the conference board's confidence index rose to 70.3 in september, marking its highest level since february. these two groups, consumers and housing, are significant because of their influence over the entire economy. >> with the improvement in consumer confidence, we think that consumer spending could pick up as we go into next year. especially since the housing mar

the ambassador, died. his chief advisor is say it is still all about the economy. they are concerned, but not that concerned, as opposed to jobs or something like that. every day he is talking about foreign affairs is a day they are not talking about the economy. there is a real divide about what romney should do. >> we should point out the economy will be the topic at this debate, at least it will be domestic policy, for the most part. do we expect -- to mention romney might come out with more specifics. he spent four minutes on his specific plans for the economy during his speech. what do we expect this time around? >> we expect him to lay out more detail in this format, although whether it allows itself to an in-depth policy discussion is another matter. he is under a lot of pressure, especially under -- from conservative pundits, to put more meat on the bone and say what he would do differently on issues ranging from the economy to foreign affairs to everything else did you president obama -- he has a sunset of challenges going into the debate? >> -- his own set of challenges goi

is expected to attack the president on economy, and foreign policy and so far we have not seen what he will do for a second term. so, what do you anticipate the president will have to do, jehmu, in order to get ahead of this foreign policy gap that's going on right now in the wake of the death of four great americans. i don't know, kelly, i disagree with you. we haven't seen from president obama what his next four years would be, we have not seen anything from governor romney on what his business-- his presidency would look like, all he's done is attack the-- >> during the debate. >> what he will do during the debate i think is remind the american people of his record on counterterrorism, and that is not something that governor romney is going to be able to poke any holes in, and i think he will also remind the american people of when it comes to the economy, that it's the turn around is going to take time. >> oh. >> and you've seen president clinton talk about why it took eight years to get us surpluses and i think it will be finally clear, because, unfortunately. >> jehmu. >> the media has f

the entire economy. >> with the improvement in consumer confidence, we think that consumer spending could pick up as we go into next year. especially since the housing market is showing signs of life and moem prices are starting to firm up. but the encouraging data didn't help stock prices today. instead, comments by central bankers in the u.s. and europe weighed on today's trading. the dow lost 101, the nasdaq shed 43, the s&p is down 15. the head of the philadelphia federal reserve questioned what he called the "meager benefits" of the fed's latest bond buying program. and a european central bank member said his agency would not help restructure greek government debt. also weighing on stocks today, high anxiety about third-quarter earnings. u.s. corporate profits have outpaced the broader economy since the end of the great recession, but profits warnings yesterday from caterpillar, and recently from intel, fedex and burberry, suggest the boom in earnings is finally beginning to fizzle. suzanne pratt takes a closer look at how the numbers are shaping up for third quarter and beyond. >> r

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as the candidates drill down on the economy. >> you think if we spend another $5 trillion on tax cuts for the wealthiest americans, all our problems are going to go away? >> his plan is the spluss, how did the first one go. how much of it did you get? it was cash for clunkers. did you get help from that? gwen: and duke it on foreign policy. >> i'm pretty certain there will be bumps in the road because in a lot of these places, the one organizing brell has been islam. >> he said the developments in the middle east are bumps in the road. [laughter] >> yeah, that was my reaction. bumps in the road? these are not bumps in the road. these are human lives. gwen: the candidates, the polls, the issues, the voters, we are in the heartland tonight. covering the week, charles babington of the associated press, nia-malika henderson of the "washington post." jim tankersley of "national journal" and jeff delaney of the "new york times." >> this is a special election 2012 edition of "washington week with gwen ifill and national journal". public funding for "washington week" in st. louis" is provided

the economy going. worked for kennedy, for reagan, worked in the early part of the last decade. it will work again. >> we have to do something. since the recovery began, by the way, june 2009, household incomes are down 5.7%. that's since the recovery. when you're in a recovery, incomes are supposed to go up. >> yeah. what's disstressing and concerning is, at this point i don't know what governor romney has in mind. he's been saying all along he'll reduce taxes and shows up in ohio -- >> reducing tax rates. >> he shows up and says don't expect a huge tax cut, because what he's doing is lowering deductions and exemptions. great. i wonder if somebody will get around to telling me what those deductions and exemptions are that he's going to lower. he's been running for president for seemingly half a century and none of us know what he plans to do. i may like it, but he hasn't told me. >> the bottom line of what he's going to do, minus the specifics, he's going to lower tax rates by 20% for all income groups and get rid of the special deals and deductions that some of the big guys get. >> well, y

that was elected on enormous upsurge, hope and change in 2008. economy the sour. he has to recapture that and explain to the american people why they should waited longer for hope and change. >> jamie: what do you think is the most critical question that each of them has to be asked and answered? >> for mitt romney, think it's going to be, do you have a plan that is going to be any better than what we have now? how specifically will you get the economy moving and jobs created? it's one thing to criticize the president but what are you going to do. for the president, all the economic advisors said it was going to be better now. what miscalculations were made. the president's speech in charlotte wasn't specific. what specifically is going to second term going to be different. >> jamie: it was pretty safe bet the question of foreign policy would be answered by president obama with discussions of getting bin laden and beginning to withdraw troops. the fact that we have not had a major attack here on our soil. when it comes to that what about libya and impact on the president and his abil

taxes on the middle-class. we have made changes here in the state of nebraska that grows this economy. that is why i am running for the united states senate. they want a change of leadership in washington. we have a senate in washington that hasn't passed a budget, let alone a balanced budget. we can change that. that is why i am running for the united states senate. i want to pass a balanced budget. i'm not your usual politician. obviously i am not one of the good ole boys, and i will make the tough decisions in the united states senate. we'll roll up my sleeves and work hard for you, and i will fight for you. i will fight for all people. thank you. >> thank you. now the opening statement from former nebraska governor and senator bob kerrey. >> i love nebraska. i was born here in lincoln. i went to lincoln northeast high school. i left nebraska, went to war and came home. i recovered from my injuries here in lincoln. i started a business that today employs more than 700 people. i have served you as your governor. we balanced the budget and the economy recovered. i served as a senator

. if you don't believe me, look at the numbers that just came out in the growth of our economy. 1.3% verses russia at 4%. china at 7% to 8%. we're at 1.3%. this is unacceptable. it is not working. i know what it takes to get us working. he's put us on a road to europe. europe doesn't work in europe. i want to get us back to being america where people come here, build enterprises here. we fulfill american dreams. we keep the hope alive in america. [ cheers and applause ] and this matters. you know this matters. this counts. it counts for the 23 million people struggling to get a job, getting a better job today. it counts for the young peoe. today we wonder whether that's true. the majority of americans don't think that's the case. this matters. there's one more sense in which it matters. that's what i began with, and that is our military capability. our ability to defend our liberty and the liberty of our friends around the world, with whom we trade and with whom we trade and whose prosperity depends on our trade. i was in poland and got the chance to meet a hero. i came in and he said, mr.

with voter attitudes towards the economy, less so than voter attitudes toward president obama or mitt romney. in many ways, voters have gotten used to the idea of a poor economy, even a lackluster one. and they've kind of gotten used to it. a quarter of the people who said the country was headed in the wrong track are still supporting the president. so they've basically gotten used to the economy as the status quo. >> today in his weekly web address, lynn, the president blaming congress for not helping the economy. take a listen. >> last week, mortgage rates were at historic lows. but instead of helping more and more hard-working families take advantage of those rates, congress was away on break. instead of worrying about you, they'd already gone home to worry about their campaigns. >> lynn, is that a strategy that works? i mean, is there something to what he's arguing, regarding low mortgage rates and housing reform? >> well, he's doing, i believe, a preemptive strike in advance of the debate, where the focus is going to be on domestic issues and the economy. now, what he said is true. ever

and virginia and different states, what i hear from women is they want jobs in the economy is issue number one. they want specifics. thiept ton what is going to be done to repeal, replace obamacare. make that workable. they're looking for detail. and i think a lot of the undecides are there and that female vote is very soft. and larry i think you're seeing that in your polling, too. it's very movable and as we get into the debatees, as people react-- women are appalled with what happened in libya. and i think they're looking for some accountability. they want to see a serious-- >> schieffer: what you're saying is mitt romney is not specific enough. he needs to give us some more details on what he plans to do. >> i think you're going to see that come forward in the debates and over the next couple of weeks, and he has started to roll out some of the specifics and that's what women are wanting to see. >> schieffer: bob shrum, you were an adviser to john kerry. you were an adviser way back when ted kennedy, i guess, debated mitt romney in that now-famous senate race of long ago. what would you be

realize when we watch madrid is what's going on there is about the economy. a lot of the good things that have happened in europe are just about the funding. not even addressing the economy. i think, yes, that's bubbling to the surface. i think there's one other issue. as good as the housing data was today, and it was good, we're still in a 20-foot pool. we're not 18 feet under water, we're two feet under water. if you go back to 2002 or 2003, as i did today, the improvement looks minuscule by a wide comparison. >> good analysis there, rick. liz, when you're talking to clients are they risk verse? what are you hearing from them? what kinds of signs are you getting from some of the corporates out there in terms of the uncertainty? >> you guys talk about it all the time. it's often referred to as the most hated rally. it's not just a rally. it's the most hated bull market. we're almost four years into this. there's still so many nonbelievers. we don't find things much different. in terms of corporations, and i'm in major travel season right now so i've spoken the last couple weeks with

, as the presidential candidates focus on the economy, what do the mixed signals mean? we get perspective from two economists. >> woodruff: then, we go on board navy ships in the persian gulf to watch a massive military exercise aimed at securing the strait of hormuz. >> we need to be prepared to deal with mines go in the water. this exercise is focused on the mine trip and demonstrating our able to clear mines. we have to be able to do that. >> suarez: the chinese communist party ousts a once-powerful politician and prepares to unveil its new leadership. margaret warner has our update. >> woodruff: mark shields and david brooks analyze the weeks news. >> suarez: and from our "american graduate" series, we take an encore look at the story of an eighth grader who turns to journalism to tackle violence in his middle school. >> if i didn't have a-- i would probably be let up with the wrong people and doing the wrong stuff. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> bnsf and carnegie corporation. >> and with the ongoing support o

. on the issue that's supposed to be republican mitt romney's strength, the economy, he's trailing the president with a "new york times" news poll showing on the question of who can better handle it, ohio voters give the president an edge of 51% to 45%. >> i woke up every day doing everything i can to give american workers a fair shot in the global economy. >> there's danger signs. they declared ceos see slower economic growth the rest of the year with lower expectations for sales, capital expenditures, and hiring. the chairman of the round table, boeing chairman, said in a statement, quote, "the down shift in quarterly sentiment reflects continuing concern about the strength of the recovery including uncertainty over the approaching fiscal cliff." the sour report is more significant because he chairs the president's export council. >> i know that all of us, business or government, share the goal of strengthening our economy and creating more jobs. >> another vulnerability for the president could be the deficit promising to cut it in half by the end of the first term, but it's topped $1 trillion

find out the economy's slowing, and someone here says the economic patriotism will only cause this number to keep growing. and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and trai

's economic policies linking him to the weak economy that he has presided over four years. i say that because my sense, paul, there are a substantial number of voters. people lo say i think i'm going to vote for president obama. i don't feel that strongly about it, but i don't think mr. romney has made the case with me. i wish i could hear him out before i make up my mind. this is the opportunity to do that. >> paul: that obama narrative is disaster. don't let mitt romney who is just like george bush brings you back to the disaster and some people are buying that narrative. reluctantly because i think romney has not connected obama's policies to the pain they feel? >> forward looking, the president he would be and let him present to the people what the disaster would be in the second term for obama. what would be the case. he doesn't have to worry nice guy and all this. this is the only one and only chance. there is life after the presidency. he ought not to look back and say i didn't risk being an independent. >> paul: i didn't leave anything on the table. what are you hearing how they are g

to do something like this? >> i think it would be a reference back. because the economy takes all the oxygen out of the election with a little bit of foreign affairs, the supreme court does not play against undecided voters. it is a motivator to get out and get to the polls. you want this person to replace justice ginsberg when she retires for example. you want to know if there's any practical experience, and the obama at the lustration has declined to defend the defense of marriage act. present romney might decide he would defend the constitutionality of that statute. it does seem like that has a lot of salience and presidential debates. i.t. think it will not happen. here is why. no major national political figure has attacked as publicly since 1996 or before. it is remarkable. the republicans were seeing some political profit in attacking affirmative action given the polls. they do not do it anymore. john kerry said maybe it is time to stop these racial preferences. the democratic leadership council was inching down that road. that is all gone. this is why we get so demonized i

passed on to our kids. it's not just bad for the economy. it's not just bad for our job creation. it will in my opinion, it's immoral for to us pass on obligations like that to the next generation. >> romney'sry reserting the economic attack on the president as a new study shows median household income fell 1.1% in august to just over $50,000 a year. since june 2009, household income fell $5.7% and they are down 8% since obama took office. romney's blunt assessment is everyone will share in the sacrifice to fix the mess and get people back to work. >> don't expect a huge cut in taxes, i'm also going to lower deductions and exemptions. but by bringing rates down, we will be able to let small businesses keep more of their money so they can hire more people. >> romney's latest ad is just him, framing the choice. >> big government dependency, versus personal responsibility and liberty. >> we shouldn't measure compassion by how many people are on welfare. measure compassion by how many people are able to get off welfare and get a good paying job. >> reporter: that in effect is romney

and the sovereign bond market and watch the politicians fail to do what's necessary to get these economies to grow. you have to stabilize the patient before you try and fission their long-term problems. the politicians don't do this. that means europe stays in a recession. for u.s. investors, i think it is still something of a side show. >> something of a side show. until they either come up with the austerity or -- something's got to give, right? >> because it doesn't disrupt the u.s. economy. the u.s. economy is still growing. our exports to europe are only a very small part of our gdp. the housing market recovery is much more important to the improvement of wealth. we're seeing some improvement of confidence. we're seeing rising home prices. all these are more important to the united states than what's going on in europe. >> mark, how do you see it? you invested in europe these days or no? >> a little bit, maria. you know, i guess the thing i would say about europe and soon to watch on our shores is you're going to pay more and get less. i look forward to the dislocation between price and value

on persuading voters they can boost the economy. but a key question at the heart of it all-- is the economy slowing, stalling, or perhaps even gaining strength in some ways? new data are sending conflicting signs. republican presidential nominee mitt romney campaigned today at a military academy in pennsylvania. romney promised better jobs for young people like the cadets sitting behind him and a better future for the entire country. >> we're in a very different road than what i think the people of the world expected from the united states of america. and if i'm elected president of this country, i will get us back on a road of growth and prosperity and strength. >> woodruff: today at a campaign event in washington, president obama shared a message of what he called "economic patriotism" tied to a strong middle class. >> but our problems can be solved, our challenges can be met. we've still got the workers in the world, the best universities, the best scientists, the best... we got the best stuff. ( laughter ) we just got to bring it together. >> woodruff: consumer confidence is higher of l

the president has put forward have caused the economy to continue to go down. folks believe the economy is bad right now but what they don't actually believe is it is the president's fault. he has to make that case in the debate with the president standing on the stage with him that the president is the one to blame for the economy we've got right now. >> there is something going on. if he acts too much on the attack, it will look like he is showing disrespect to the president but if he doesn't, then he looks defer yen shl. coach me, tell me how to walk on that stage -- deferential. coach me without being deferential? >> it's a matter of tone and how you address the president. as long as governor romney addresses the president with mr. president, your policies have failed the american people. i think as long as he carries a respectful tone. he needs to be what i would say as passionately aggressive. he is respectful of the president yet he is passionate about making the case it's the president's policies that have failed americans and caused economy to be worse than what it was when he took of

and the economy growing 1.3%, 20 million unemployed i hear it is the economy stupid. the people are not responding to a horrible economy, a terrible pe situation and no plan to go forward. >> not attack ads notvery day i criticism they want to know not the specifics. >> we no hope and change was the fancy slogan. but that turned out not to be the case. they just beat up a president how much can you like a man who was not delivering?vering? at the end of the day he is a failed leader. ba i will cut taxes but i toepeo don't know how much. i will repeal but i have to wait.is presi oba but mathat is the mitt romney slogan.romney instead of saying here is my plan, i have been running six years. lou: if that is true the voters want specificity. why would they not what performance and the plan? >> but we don't have confidence in obama but less paular of governor romney. >> basically this president who ha has blamed his policy on hi failures now has a wonderful advantage to run against an an opponent he can blame is that correct? >> the thing that amazes meng ta i look at the polls. the country wants cha

: and sit down for an exclusive interview in which we discuss the economy, the new focus on national security. and, growing criticism of the romney campaign. paul ryan, only on fox news sunday. then... we'll preview wednesday's first obama-romney debate. we'll ask our sunday panel which each candidate needs to do to win the first first off. and our power player of the week, has spent almost half of his life, telling the inside story of how a president rose and fell from power. all, right now, on fox news. ♪ >> chris: and hello again, from fox news in washington. with just five weeks until election day, a new poll showing president obama leading in key swing states, the presidential debates may be mitt romney's last, best chance to turn the race around and we wanted to find out what the romney-ryan plan is when they face off against obama and biden. we caught up with running mate paul ryan, saturday in derry, new hampshire. before we sat down for an exclusive interview, we spoke briefly as he was about to take the stage for a campaign town hall. >> chris: what do you think? just bef

on the planet." (laughter) in an ordinary election involving a stagnant economy, global unrest, and the typical incumbent president would be at an enormous disadvantage. unless-- >> does the government have a responsibility to provide health care to the 50 million americans who don't have it today? >> well, we do provide care for people who don't have insurance. we pick them up in an ambulance and take them to the hospital and give them care and different states have different ways of providing for that care. (laughter) >> jon: unless-- normally he would be in trouble unless that incumbent president is running against the guy who just appeared to suggest that we don't need to do a health care plan for uninsured americans because we have emergency rooms! (laughter) and, like, they're open all night. (laughter) they're, like, 7-elevens but-- (cheers and applause) now that-- what he just said is an amazing and unappealing to -lsy statement which on its own would perhaps level the field for the incumbent president but apparently leveling the field isn't good enough for massachusetts mitt "up until

the real economy is very important to us. in missouri we have a strong industrial rail process where you have a lot of goods across our state. we have work to improve the system, get rid of bottlenecks. for example, the osage river where we are now in the process of building a bridge that we can get another land we don't have slowdowns. the first step is to make sure we don't get slowdowns so when we look to more possibilities for passenger rail travel, that we have a system to deliver on time. so we're looking at that. we've also worked with illinois because anybody that looks at the bigger picture of our country will see getting the first step from chicago to st. louis is never going to attract the resources for high-speed rail across their state. that's why we worked with the state of the one i and others to get the initial project completed, while at the same time working to improve our network here for on-time efforts. you know, all of that is part of a long-term transportation focus that will continue to provide us a competitive economy. >> dave spence. >> i think it sounds great i

the president on everyone from the faltering economy to obama's bumps in the road trivialation of the terrorist attacks, the a team. next. >> where were these tapes in the '08 election? newly discovered audiotape, a young senator intent to build a coalition of the wealthy americans and working poor, we'll show you in the chalk talk. so anyway, i've been to a lot of places. you know, i've helped a lot of people save a lot of money. but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place. geico®. fifteen minutes could save you fifteen percent or more on car insurance. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what'sretty obvious about it ? that verizon has the coverage. verizon. verizon. we're going to go to another chart. it doesn't really matter how you prese

. it is crippling the iranian economy but it hasn't stopped them from getting nuclear weapons. we both agree that is the ultimate goal. the united states has wanted to bring them to the negotiating table. that has not happened, either. the israelis are almost feeling as though both the mentality and the course of actions that the u.s. has taken and the west in general have been naive. >>shepard: factoring in is the fact that so many analysts with great experience and knowledge of the situation here are of the belief that you cannot stop this by bombing. it will take something else. >>reporter: right. that's tech did you want to look at that exact point look at the people of iran and what they are saying. right before mahmoud ahmadinejad got on a plane to come to the u.n. meeting, the people of iran, and i have been on so many blogs and twitter and facebook, where are we going? we have so many problems at home to address. you do not need to go to the u.n. and talk about world problems and reforming of the global community as has been repeated on interviews and the at podium at the u.n. there

if the economy is growing 3% or above, the presidents would have major headwinds. he will be facing trouble for it. lou: recent polls show incredibly that the romney campaign has been unable to capitalize on the president's economic policy failure. >> we will take all of that back up again. also, israel's prime minister benjamin netanyahu, calling on the united states and united nations to draw a clear red line on iran's nuclear program and former ambassador john bolton. also, shelby steele on how group and identity politics is shaping this presidential election. turning back to the president's so-called new economic patriotism, the polls and what we can expect over the final 40 days now until election day. clinton adviser, fox news political analyst, doug schoen. also, ed rollins, former reagan political director, it's good to have you with us weather thank you very much for having me. lou: let me start with this new theme. we can all agree that the president has a thing called forward i want to understand, if you will, the motto or mitt romney. this is a man ready to sell himself. you don

it be? >> obviously hit obama hard on the economy. obama did give a little bit of an opening saying he has learned that you can't change washington from the inside. and for a candidate that ran on hope and change that's something that mitt romney could seize on. and this is not mitt romney's style, to the extent he is a technical debater, but if you look back to 2008 when obama stumbled against hilary clinton in those series of debates, it was when it got a little more the cuff. he said you are likable enough hilary, that came across as very cool and dismissive, and perhaps that's a chance for mitt romney to make it a personal thing. perhaps a chance to lull obama into an unforced error like that. >> eliot: the debates rarely change the game only when -- as you said josh -- there is an unforced error. let's switch to the senate race. people thought the republicans would end up with 51 52 seats. how many senate seatings will the republicans hold when all is said and done. >> i don't think they will pick up a majority. and the simultaneous deterioration -- like tommy

patriotism together, we can rebuild this economy together. we will grow the middle class together. we will move forward together. >> eliot: not surprisingly, the same themes play a prominent role in a two-minute long ad the obama campaign is playing in seven swing states including ohio and virginia. >> obama: it's time for a new economic patriotism. rooted in the belief that growing our economy begins with a strong, thriving middle class. compare my plan to governor romney's and decide for yourself. >> eliot: to help voters make the decision, the obama campaign also put out another ad today putting pictures of real people over mitt romney's notorious comments to wealthy donors about americans who don't pay income tax. >> 47% of the people -- who are dependent on government. who believe they're victims. who believe government has responsibility to care for them. who believe they're entitled to healthcare and food, to housing, to you name it. >> eliot: while mitt romney and his super pac allies have raised more money than

everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't

of the three states, north carolina and nevada, both think that mitt romney is stronger on the economy. so that's one set of polls. now, we've got this other set of polls we want to show you very quickly, and this is from rasmussen, and he does -- scott rasmussen's group, rasmussenreports.com, they do a daily tracking poll. for a long time now, they've been showing this race as even. right now, they're saying -- and this gets updated daily, about 9:30 in the morning -- and they president obama and mitt romney both at 46% nationwide. and when leaners are included, it's tied at 48% apiece. and the swing state daily tracking poll, they also have this, and they have that tied as well, obama 46%, romney 46%. again, this is from rasmussenreports.com. scott is a republican in colorado springs. hi, scott. caller: how you doing? host: good. what do you think about the campaign media coverage so far? caller: it's a joke. i flip through the channels, and they are totally biased. the thing that really gets me is you have romney going on, the different outlets, but yet obama, he's going on "the view" and da

to average americans, the economy. let's run this through the spin cycle. i think this is a double-edge sword. on the one hand, this election is about the economy. and regardless of how tempting foreign policy is right now, come election day, voters care most about the economy. that's true i think every year. we know this from 2004. which was supposed to be an election on foreign policy and still exit polls showed most voters cared about the economy. so i think the advisors who want him to stay on message about the economy are right. however, the other side to this, and i guess i'm arguing two points here, the other side to this is, there are areas to exploit. obama's foreign policy has been whitewashed by his defenders and i think there are people on the right in the middle and honest people on the left who would be outraged to hear a little bit more about obama's failed promises. the problem mitt romney is going to have, he has to come at foreign policy from the left and right. that's tricky. from the right, he needs to talk about obama's policy of open hands versus clenched fists, have see

to line up and play the game. trace gallagher, thank you. >> turns out economy is doing worse than we thought. that is the word from the feds. we'll get reaction from the white house. speaking of president obama and governor romney campaigning in the same state but a different state but they are there together. we'll hear from them and show our brand-new fox news polls, what voters have to say about president handling the economy. why the only police officer in one town is in the cube? [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or ot

the current state of the election and plenty of people are concerned about the trends and the same economy in these times. most important of them who are the people who will show up to the polls in november. we want to have a follow-up discussion about economics, demographics, and the expectations for 2012. this is a follow-up for what was released in november of last year. with that, i am pleased to introduce my colleagues. the co-authors of the report they are releasing at www.american progress.org. after this presentation, you have a conversation with our panel and we look forward to hearing from you as well. i encourage you to follow the conversation. our guests recent writings include the european paradox and the decline of the working class and the rise of the mass upper-middle-class. he holds a degree in sociology from university of wisconsin, madison. i say about the game yesterday. [laughter] please welcome rich. [applause] >> thank you, everybody for coming. as daniella mentioned, this is about the report to be released last november. there is obviously a you -- adding about ideo

output at a plant as the economy slows and demand weakens. meantime 40% of china's iron ore mines are standing idle as steel prices have crumbled. and loans to firms and households fell more than expected. ecb staying loans to the private sector fell 0.6% from the same month a year ago. italy's borrowing costs falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing to comply with a 2009 ruling. that ruling had on ordered the company to offer user as choice of web browsers. apparently they may not have done that. if guilty, microsoft could face fines of up to 10% of its global revenues. and that would be a lot of money. >> iran still, we're this close to nuclear -- think our unfunded labels are like 60 trillion or something. europe back in the crapper, but the refs. huh? >> i told you, i don't always like unions. i'm actually happy that the refs union won. >> it does provide a release from some of the travails and the worries of every day life. spoorts is spor

: steve, on the economy specifically, a majority of voters disapprove of the handling of the economy by the president. take a look at this. almost 60% think his economic policies have actually hurt the economy or made no difference at all and that of course is by far the number one issue yet 50% say he deserves to be reelected. do you think, steve, people believe the bill clinton argument that nobody, no president, could have actually solved this in four years? >> yeah, i do think that had some effect. there is no question that president obama came out of the conventions with a little bit of momentum. you talk, it is not only showing up in the public polling that we're talking about here today but talk to republican pollsters polling on senate and house races and they will talk about what they call the clinton bump. they have seen it across polling in various parts of the country that voters who are asked a question is the country on the right track, is the country on the wrong track, which most pollsters believe the single best determiner ho will win in november, there was a jump in

out enough in debt, and enough taxes we have made changes that grows this economy, and that is why i am running for the united states senate. to change the want leadership in washington. we can change that. that is why i am running for the senate. i want to pass a balanced budget. i am not your usual politician. i'm not one of the good old boys pay ed i will make this tough decisions in the united states senate. i will roll up my sleeves, work hard for you, and i will fight for you. >> now the opening statement from bob kerrey. >> thank you. i love nebraska. i always have and i always will. i was born here in lincoln. i left nebraska and went to war and came home, and i recovered from illness in the lincoln. i started a business that employed more than 700 people. i served as your governor, balancing our budget, and i left after four years and went back to business. i served as your son that -- as your senator, and again we balance our budget. i am a candidate for congress for the senate because congress needs to change, and i will fight to make that happen. i have never had and neve

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